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Tag: CODELCO

economics

Anglo American Advocates Accelerated Permitting for Chile’s Copper Production Expansion

April 9, 2025April 9, 2025 - by Liam Nguyen - Leave a Comment

Anglo American’s CEO in Chile urges for quicker permit approvals to combat a global copper shortage, emphasizing the need for regulatory reform to meet rising demand driven by digitalization and …

Anglo American Advocates Accelerated Permitting for Chile’s Copper Production Expansion Read More
Companies

Codelco Plans $5.6 Billion Investment to Boost Copper Production in Chile

March 29, 2025March 29, 2025 - by Allegra Nguyen - Leave a Comment

Codelco, Chile’s state-owned copper company, plans to invest up to US$5.6 billion to enhance copper production through modernization and public-private partnerships. This strategic move aims to improve operational efficiency and …

Codelco Plans $5.6 Billion Investment to Boost Copper Production in Chile Read More
Companies

Codelco Reports Significant Profit Surge in 2024

March 29, 2025March 29, 2025 - by Carmen Mendez - Leave a Comment

Codelco has reported a pre-tax profit of $790 million in 2024, rebounding from a $757 million loss in the previous year. The company’s output was recorded at 1.328 million metric …

Codelco Reports Significant Profit Surge in 2024 Read More
Business / Companies / economics

China’s Copper Discovery: A Challenge to Chile’s Market Dominance

March 14, 2025March 14, 2025 - by Allegra Nguyen - Leave a Comment

China has revealed a large 20-million-tonne copper deposit on the Tibetan Plateau which threatens Chile’s copper market dominance. This discovery could reshape global supply dynamics and impact pricing, trade, and …

China’s Copper Discovery: A Challenge to Chile’s Market Dominance Read More
economics

Peru’s Strategic Move to Address Potential U.S. Copper Tariffs

March 10, 2025March 10, 2025 - by Marcus Chen - Leave a Comment

Peru, the world’s third-largest copper supplier, is sending a delegation to the U.S. to discuss potential copper tariffs announced by the Trump administration. Energy Minister Jorge Montero highlights the necessity …

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Companies

Chile Monitors U.S. Investigation into Potential Copper Tariffs

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Chile is monitoring a U.S. investigation regarding potential copper tariffs after President Trump initiated an inquiry to combat China’s market dominance. As the largest copper producer globally, Chile is concerned …

Chile Monitors U.S. Investigation into Potential Copper Tariffs Read More
Companies

Codelco Reports Slight Increase in Copper Production for 2024

January 6, 2025January 6, 2025 - by Allegra Nguyen - Leave a Comment

Codelco’s copper production rose slightly in 2024, reaching 1.328 million tons, with Chairman Maximo Pacheco expressing optimism for the company’s future goals. The company aims to begin lithium production by …

Codelco Reports Slight Increase in Copper Production for 2024 Read More
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